DENMARK - The EUR35bn Arbejdsmarkedets Tillaegspension (ATP) is no longer certain whether it will proceed with an initial consideration of hedge fund investment.
The fund had expected to make an application to its board which may have led to searches for investment managers, but a source close to ATP said that the fund was longer sure as to whether an application would be put forward at all.
However the source added that ATP was still assessing liabilities, the need to diversify, as well as issues around fund transparency.
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